
Cheap Homes for Rent in Colonial Place Neighborhood of Norfolk, VA from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Place area of Norfolk.


3901 Newport Ave, Unit 2-2107

3701 Colonial Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1063 W 48th St

1063 W 48th St

940 Gates Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Colonial Place, Norfolk, VA Local Guide

How much does it cost to rent a home in Colonial Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Place 2 Bedroom Homes for Rent | $1,512 | $1,450 | $1,550 |
| Colonial Place 3 Bedroom Homes for Rent | $2,115 | $700 | $3,495 |
| Colonial Place 4 Bedroom Homes for Rent | $2,605 | $2,000 | $3,695 |
| Colonial Place 5 Bedroom Homes for Rent | $2,850 | $2,500 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Colonial Place Neighborhood of Norfolk, VA.
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Colonial Place, Norfolk, VA Local Guide
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Cheapest Available Colonial Place Apartments for Rent
 The cheapest available apartment rental in the Colonial Place area of Norfolk, VA is a 1 Bed unit found at Larchmont Apartments priced from $1,000. Villa Terrace has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,099. Here are the most affordable Colonial Place apartments for rent in Norfolk, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Larchmont Apartments | Bodhi | 1BR,1BA | $1,000 |
| Villa Terrace | Two Bedroom | 2BR,1BA | $1,099 |
| The Lafayette Apartments | The Ghent | Studio,1BA | $1,210 |
Best Value Apartments for Rent in Colonial Place, VA
As of November 12, 2025 the best value apartment in the Colonial Place area is the $1.25 price per square foot 2 Bedroom Townhome Model at Buckingham Place in the in the Edgewater neighborhood starting from $1,500. The second greatest value Colonial Place apartment is the 2BR 2BA (1157sf) - Elizabeth Model at River House Apartments starting at $2,056 with a $1.78 price per square foot in the Edgewater neighborhood. Here is today’s list of the best values for Colonial Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Buckingham Place | 2 Bedroom Townhome | 2BR,1.5BA | $1.25 |
| River House Apartments | 2BR 2BA (1157sf) - Elizabeth | 2BR,2BA | $1.78 |
| 3941 Omohundro Ave, Unit Unit B | 3941 Omohundro Ave | 2BR,1BA | $1.55 |
| 237 W 31st St, Unit 2 | 237 W 31st St | 3BR,1BA | $1.45 |
| Villa Terrace | Two Bedroom | 2BR,1BA | $1.29 |
| Covepointe at the Landings | The Native | 1BR,1BA | $2.43 |
| 816 E 30th St, Unit 816 | 816 E 30th St | 2BR,1BA | $2.25 |
| The Point on 38th Apartments | The Clove | 1BR,1BA | $2.44 |
| Larchmont Apartments | Larchmont | 2BR,1BA | $2.08 |
| The Lafayette Apartments | The Ghent | Studio ,1BA | $2.41 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleColonial Place, Norfolk, VA
Ranked #125
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Colonial Place
What type of rentals are currently available in Colonial Place?
There are currently 84 Apartments for Rent in Colonial Place, VA with pricing that ranges from $940 to $3,777. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Place ranging from $700 to $3,695.
What is the current price range for Rental Homes in Colonial Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonial Place ranges from $700 to $3,695 with an average monthly rent of $2,034.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Best Affordable Neighborhoods for Renters in Norfolk, VA: Great Price Meets Quality of Life
Written by: James W. Vickers
Norfolk, Virginia, experienced a surprising population decline to 238,005 residents in the 2020 census, considering its low cost of living and high quality of life index. Renting an apartment falls well below the national average.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.